Garmin
GRMN
516 hedge funds and large institutions have $7.43B invested in Garmin in 2019 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 173 increasing their positions, 189 reducing their positions, and 47 closing their positions.
89% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 47
41% more capital invested
Capital invested by funds: $5.27B → $7.43B (+$2.15B)
8% more funds holding
Funds holding: 479 → 516 (+37)
1% more call options, than puts
Call options by funds: $77.9M | Put options by funds: $77M
0.06% more ownership
Funds ownership: 45.43% → 45.49% (+0.06%)
8% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 189
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$76M |
| 2 |
D.E. Shaw & Co
New York
|
+$74.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$61.5M |
| 4 |
Select Equity Group
New York
|
+$43.2M |
| 5 |
Renaissance Technologies
New York
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$133M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$103M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$69.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$41.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$35.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VEA
551
Virtus ETF Advisers
New York
| – | -$12K | -194 | Closed |
|
|
MOS
552
MGO One Seven
Beachwood,
Ohio
| – | -$9K | -143 | Closed |
|
|
WANY
553
Wealthspire Advisors (New York)
New York
| – | -$8K | -128 | Closed |
|
|
ARMC
554
American Research & Management Company
Marion,
Massachusetts
| – | -$6K | -100 | Closed |
|
555
VanEck Associates
New York
| – | -$4K | -62 | Closed |
|
|
TAIM
556
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | -$4.22K | -56 | -97% |
|
|
JA
557
JOYN Advisors
Atlanta,
Georgia
| – | -$1K | -23 | Closed |
|
|
FTI
558
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$1K | -10 | Closed |
|
|
BBHC
559
Brown Brothers Harriman & Co
New York
| – | +$226 | +3 | New |
|
|
GWS
560
Glassman Wealth Services
Vienna,
Virginia
| – | +$226 | +3 | New |
|
|
FGAM
561
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$376 | +5 | New |
|
|
SIM
562
Sonora Investment Management
Tucson,
Arizona
| – | +$376 | +5 | New |
|
GRMN Hedge Fund Activity: Q1 2019 in Review
516 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q1 2019, worth a combined $7.43B — up 41% from $5.27B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new GRMN positions and 47 closed out — a net gain of 42 holders — while 173 added to existing stakes and 189 trimmed.
The largest buyer was Vanguard Group, adding an estimated $76M. The largest seller was BlackRock, cutting an estimated $133M.
- 516 institutional investors held Garmin (GRMN) as of Q1 2019, up from 479 in Q4 2018.
- Funds reported $7.43B of Garmin stock for Q1 2019, up 41% quarter-over-quarter.
- 89 funds opened new Garmin positions in Q1 2019 and 47 closed out, a net change of +42 holders.
- The largest Garmin buyer in Q1 2019 was Vanguard Group, an estimated $76M added.
- The largest Garmin seller in Q1 2019 was BlackRock, an estimated $133M sold.
Based on aggregated 13F filings for Q1 2019.